Executive Insights: “We certainly intend to continue building on many of our strengths, one of which is the remarkable consistency of our performance across channels, banners, geographies, genders and categories.” – Foot Locker CEO Richard Johnson, Q2 conference call.

* Johnson on Digital:

“With steady high teens sales increases with strong margins, our digital performance sometimes almost seems automatic. But having come from that business, I know how much really hard work goes into producing such consistently-strong results. It takes a lot of technology investments, product and marketing coronation with our store teams, analysis of massive amounts of data and outstanding customer service to be a leader in the omnichannel world, and we continue to be just that.”

* Johnson on Champs and Footaction:

“While posting a comp loss, the apparel business at Champs Sports also improved sequentially, driven by the same branded bottoms trends as in our other U.S. divisions as well as its private label Champs Sports Gear mid-shorts and jogger pants. … Clearly the core business remains strong with strong connections to the different core customers of the Foot Locker, Champs Sports and Footaction banners. We are continuing to invest in the remodel programs and expect to have touched at least 30 percent of the Champs stores and our Foot Locker fleet in the U.S. by the end of 2015 and we will begin to catch up at Footaction as we move into the rollout mode with the Garden State Plaza design in that banner.”

* Peters on Back-To-School:

“With the later start of back-to-school this year, we do believe that there is a good chance for sales to be at the strong end of mid-single digits both this quarter and over the second half of the year.”

Analyst Insights: “Foot Locker is clearly taking share from Finish Line Inc., Hibbett Sports and likely many others and continues to prove that it is the best-in-class athletic retailer.” – Sam Poser, Sterne Agee CRT analyst.